This is pure technical outlook and I am aware that BREXIT fundamental facts will certainly take place in confirmation or invalidation of the setup. As my primary goal is to follow what market does - I prefer long positioning because:
1. bullish prints of reversal are very strong;
2. 2 harmonic patterns might be filled in the supply ( the first one is a Gartley pattern and the second one is a Butterfly pattern ) and I am fine with both
3. my intention is to get long at the best price and I will look for it as the new trading week starts because market simply retraces part of the leg from the previous week ( this thing is like a habit and I saw it every Monday for last 7 years).
1. bullish prints of reversal are very strong;
2. 2 harmonic patterns might be filled in the supply ( the first one is a Gartley pattern and the second one is a Butterfly pattern ) and I am fine with both
3. my intention is to get long at the best price and I will look for it as the new trading week starts because market simply retraces part of the leg from the previous week ( this thing is like a habit and I saw it every Monday for last 7 years).